The Senate on Thursday disclosed that about 85 per cent of the N1.48 trillion 2025 budget submitted by the Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), was originally drafted by suspended Governor Siminalayi Fubara.
Chairman of the Senate Ad-Hoc Committee on Emergency Governance in Rivers State, Senator Opeyemi Bamidele, revealed this during a budget defence session with Ibas and key state officials at the National Assembly.
Bamidele said, “In the last three weeks, we’ve reviewed this budget in detail and engaged directly with the sole administrator and key members of his team — including the Accountant General, the Permanent Secretary of Finance, the Budget Director, and the Planning Director — all of whom retained their positions after the emergency rule began.
“Our findings show that at least 85 per cent of the submitted estimates were drawn up under the Fubara administration.
“Only 15 per cent was added by the current administrator to accommodate new projects.”
The committee also revealed that Ibas has requested a N50 billion supplementary budget to address outstanding pensions and gratuities — a move the Senate is now considering.
“Part of the urgent need is to inject N50 billion to settle pension liabilities and enhance peace in Rivers State.
“The administrator is passionate about it, and we agree — governance is not just about roads and infrastructure. It’s also about ensuring those who have served the state receive their due,” Bamidele said.
He added that over 70 per cent of the budget is earmarked for capital projects — a move the Senate described as commendable and urged other states to emulate.
“This shows a clear commitment to development and infrastructure, rather than recurrent expenses,” he said.
Earlier, the Senate Committee had pledged to closely track the 2025 budget disbursement and intensify oversight on the implementation as the emergency rule in Rivers State continues.
Madukwe B. Nwabuisi is an accomplished journalist renown for his fearless reporting style and extensive expertise in the field. He is an investigative journalist, who has established himself as a kamikaze reporter.
